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Electricity
09/04/2020
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Decision offsetting supplier, operator accounts after Easter

A decision offsetting unsettled accounts between electricity suppliers and operators is expected to be reached and delivered by the energy ministry following next week’s Greek Easter break.

Ministry officials will determine details based on the findings of a recently completed RAE (Regulatory Authority for Energy) study held to gather observations by various market officials. The intention is to offset as many accounts as possible. However, certain limits are expected to be set by RAE.

The ministerial decision will take into account the currently tightened cashflow conditions in the market, sources informed.

The RES special account, covering payments for green energy production, will be protected. RES market officials recently expressed concern about this account’s financial stability.

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